HB346 Alabama 2016 Session
Updated Jul 24, 2021
HB346 Alabama 2016 Session
House Bill
Expired
Current Status
Regular Session 2016
Session
1
Sponsor
Summary
- Primary Sponsor
-
Lynn GreerRepublican - Session
- Regular Session 2016
- Title
- Retirement System, individual retirement accounts, authorize new employees to contribute monthly and provide opt-out provisions, Sec. 36-27A-5 am'd.
- Description
Currently, members of the Retirement Systems of Alabama are allowed to make contributions to individual retirement accounts administered by the Retirement Systems of Alabama. This bill would require all new employees, beginning January 1, 2017, to contribute monthly to such individual retirement accounts and provides opt-out provisions.
- Subjects
- Retirement Systems
Bill Actions
H
Read for the first time and referred to the House of Representatives committee on State Government
Bill Text
Documents
Source: Alabama Legislature